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  • #83,781
  • Edited 11:34am Apr 17, 2019 11:22am | Edited 11:34am
The question is which side will break through first? This may sound odd but my bets on the upmove. Bears are having so much trouble just breaking the 23.6% retracement.

Edit: also those are some weird H1 candles. Like chopsticks or tweezers. Are those bearish or bullish? Or do they not have any significant meaning as they are in the middle of nowhere?
Attached Image (click to enlarge)
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  • #83,782
  • Apr 17, 2019 11:22am Apr 17, 2019 11:22am
Quoting sqaguru
{quote} Keep that shark well fed.
I feed it with pigs.

Stay Green
Focus only on what truly matters!
  • #83,783
  • Apr 17, 2019 11:52am Apr 17, 2019 11:52am
#gann if youre long might want to close for a bit ... smelling pretty big selloff before end of week ... currently 13000
twitter: @gettoefl
  • #83,784
  • Apr 17, 2019 11:56am Apr 17, 2019 11:56am
Quoting Mystskull
The question is which side will break through first? This may sound odd but my bets on the upmove. Bears are having so much trouble just breaking the 23.6% retracement. Edit: also those are some weird H1 candles. Like chopsticks or tweezers. Are those bearish or bullish? Or do they not have any significant meaning as they are in the middle of nowhere? {image}
Looks like the overriding factor today is the economic news: https://www.reuters.com/article/us-g...-idUSKCN1RT0VJ
  • #83,785
  • Apr 17, 2019 12:16pm Apr 17, 2019 12:16pm
Quoting Mystskull
The question is which side will break through first? This may sound odd but my bets on the upmove. Bears are having so much trouble just breaking the 23.6% retracement. Edit: also those are some weird H1 candles. Like chopsticks or tweezers. Are those bearish or bullish? Or do they not have any significant meaning as they are in the middle of nowhere? {image}
I have added another tool to my kit/armoury known as Supply and Demand. It takes some learning to get your head around the concept, but it is really cool stuff. You will then be able to answer your own question. The professionals use it against retail. It is worth learning.
Don't wait for the wind, take to the oars.
  • #83,786
  • Apr 17, 2019 12:27pm Apr 17, 2019 12:27pm
Quoting Pleiadian
{quote} I have added another tool to my kit/armoury known as Supply and Demand. It takes some learning to get your head around the concept, but it is really cool stuff. You will then be able to answer your own question. The professionals use it against retail. It is worth learning.
Are you using Neurostreet's tool?
  • #83,787
  • Apr 17, 2019 12:31pm Apr 17, 2019 12:31pm
Quoting sqaguru
{quote} Are you using Neurostreet's tool?
No it is a visual thing, you have to analyse your chart, like technical analysis but in a different way.
Don't wait for the wind, take to the oars.
  • #83,788
  • Apr 17, 2019 1:01pm Apr 17, 2019 1:01pm
... https://www.forexfactory.com/showthr...3#post12226553
Attached Image (click to enlarge)
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  • #83,789
  • Apr 17, 2019 1:05pm Apr 17, 2019 1:05pm
Quoting sqaguru
{quote} Looks like the overriding factor today is the economic news: https://www.reuters.com/article/us-g...-idUSKCN1RT0VJ
That is an interesting read. Hmmm i guess no one knows how effective those new policies are hence the indecision.
  • #83,790
  • Apr 17, 2019 1:06pm Apr 17, 2019 1:06pm
Quoting Pleiadian
{quote} I have added another tool to my kit/armoury known as Supply and Demand. It takes some learning to get your head around the concept, but it is really cool stuff. You will then be able to answer your own question. The professionals use it against retail. It is worth learning.
Do you have some examples? I don't particularly understand what you are referring to hahaha.
  • #83,791
  • Apr 17, 2019 1:28pm Apr 17, 2019 1:28pm
Quoting Amir_Forex
I Smell Flying
hope not like...this
Attached Image
  • #83,792
  • Apr 17, 2019 1:47pm Apr 17, 2019 1:47pm
Quoting Mystskull
{quote} That is an interesting read. Hmmm i guess no one knows how effective those new policies are hence the indecision.
Indecision after the news knocked the wind out of EURUSD after the massive rally during the Asia session
  • #83,793
  • Apr 17, 2019 1:49pm Apr 17, 2019 1:49pm
Quoting kik
{quote} hope not like...this {image}
Maybe like this.
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  • #83,794
  • Apr 17, 2019 1:53pm Apr 17, 2019 1:53pm
Quoting Mystskull
{quote} Do you have some examples? I don't particularly understand what you are referring to hahaha.
Here is some info on Supply and Demand Zones and a good place to start https://www.trading180.com/
Don't wait for the wind, take to the oars.
  • #83,795
  • Apr 17, 2019 2:27pm Apr 17, 2019 2:27pm
ZZZZZZZZZZZZZzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz

Someone forgot to fuel that plane...
  • #83,796
  • Apr 17, 2019 2:30pm Apr 17, 2019 2:30pm
It doesn't look like plane, it looks like rocket
  • #83,797
  • Apr 17, 2019 3:29pm Apr 17, 2019 3:29pm
The rocket fell back to the ground!
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  • #83,798
  • Apr 17, 2019 4:57pm Apr 17, 2019 4:57pm
Quoting Pollen
Eu on an upward channel. {image}
It sure looks like a good channel. We can only wonder if it will last until the end of the week.
  • #83,799
  • Apr 17, 2019 5:30pm Apr 17, 2019 5:30pm
H1 Status Update

Nothing new here.. waiting for progress..

Stay Green
Attached Image (click to enlarge)
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Focus only on what truly matters!
  • #83,800
  • Apr 17, 2019 5:33pm Apr 17, 2019 5:33pm
We could be in for a repeat of the Asia session move up. See similarities between the starting points (1H chart).
Attached Image (click to enlarge)
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